AECEA reported that China approved 15GW of grid parity solar projects

AECEA reported that China approved 15GW of grid parity solar projects
China’s National Development and Reform Commission (NDRC) and the National Energy Administration (NEA) have jointly released the first batch of grid parity projects for 2019, which include a total of 168 PV power plant projects, accounting for 14.78GW.
According to the Asia Europe Clean Energy (Solar) Advisory Co (AECEA) the significant difference post the 531 New Deal is that the majority of the capacity of the approved projects would be approximately 90MW, compared to projects in the 200MW to the 300MW range and some as large of 700MW in the past.
According to PV-Tech news, AECEA also noted that the smaller scale of projects coincided with the distribution of projects in Eastern coastal provinces, which have comparatively high retail electricity tariffs. The other surprise was that some of the project completion and grid connection timelines were not in 2019. ——————–***——————–
Source:ow.ly/lZxE50unlus
Photo:ow.ly/TTzg50unlur
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Date: May 23, 2019 @ 09:20

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